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Tesco and Carrefour will visit with respective heads of states

British Tesco and French Carrefour will step up their lobbying in India as representatives of these two retail majors are accompanying British Prime Minister Gordon Brown and French President Nicolas Sarkozy, respectively, when they visit India this month.The British...

Tesco has 11.8 per cent increase in sales

Leading UK retailer Tesco has reported an 11.8 per cent increase in group sales for the third quarter.In a trading statement, the retailer said strong international revenues had driven its performance over the period, although the retailer stressed its...

ND Wines launches new domestic range

Looking at the burgeoning wine market of India, ND Wines has introduced four new wines in the country.The company, which supplies to retail majors like M&S, Tesco and J Sainsbury, now has 10 domestic wines in its portfolio.“With growing...

Tesco to enter India and Russia

After its American debut, the supermarket chain Tesco plans to enter Indian and Russian markets in a big way."The move across the Atlantic was just the start of a pretty ambitious worldwide growth programme including India and Russia," said...

Carrefour is here

Carrefour, the world’s second largest retailer, will enter India’s $330 billion retail market by 2009, for which it is talking to three potential local partners.Reliable sources told Indiaretailing that the French retailer is in advance talks with Wadia Group,...

Thai sop owners launch last ditch battle for retail bill

Shop-owners from several provinces of Thailand Monday launched a last-ditch effort to speed up the passage of the country's first Retail Business Act, calling for support from the Commerce Ministry' and pressuring the National Legislative Assembly (NLA) to bar...

Indian retail suffers loss of Rs 9691 crore

Shoplifting and waste led to Indian retail industry suffering massive loss of Rs 9691 crore in the current year, said a study.Despite the boom in the retail sector and international retail giants like Wal-Mart, Metro, Tesco and others going...

British online fashion retailer Adili to float on AIM

British online fashion retailer, Adili, attempting to cash in on the growing demand for greener and more ethical clothing, is planning a float on the European Brands Association (AIM) market within a year after taking its first order.Adili.com - named...

Dabur ties up with Indian Oil for stronger rural presence

In order to get a stronger foothold in hinterland India, Dabur has now tied up with Indian Oil Corporation (IOC). The homegrown FMCG major on Monday entered into an agreement with IOC to service rural market demand for consumer...

UK grocery market more competitive

The UK grocery market is “more competitive than ever,” says a study by retail analysts Verdict Consulting, ahead of the publication of a UK government probe into the sector.The UK Competition Commission is set to publish its findings amid...
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E-commerce a challenge for direct selling industry’s growth: IDSA

IDSA is negotiating with the government to control the digital marketing sites so that direct selling products are not...
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